S. Korea's electronics industry ranks 3rd by production in 2018

S. Korea's electronics industry ranks 3rd by production in 2018

South Korea's electronics industry was ranked third largest in the world in terms of production in 2018, …on strong memory chip sales.br According to a report by the Korea Electronics Association, Seoul's electronics industry produced 171-point-one billion U.S. dollars of goods in 2018, …making up eight-point-eight percent of the global market.br Korea trails only China and the United States, …which make up 37-point-two percent and 12-point-six percent of the market respectively.br The nation's electronics production rose by 53-point-three percent from 2013 to 2018, …thanks to strong performances by chip makers like Samsung Electronics and SK hynix.br However, …electronics parts, including semiconductors, accounted for 77-point-three percent of the volume, …raising concerns over the risks of heavy reliance on those products in times of unfavorable conditions …like Japan's export regulations of high-tech materials.


User: Arirang News

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Uploaded: 2019-07-30

Duration: 01:00

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